Transaction Codes
KC
What is the code for cashing a check?
This will happen randomly, before vacation, and if there is an outage of over $10
What is an audit?
This is an account that earns higher dividends than a savings but all funds are completely liquid
What is a money market account?
This service is free and earns $1 in rewards for every $4 spent
What is the TotalRewards debit card?
This person must be approved by compliance and can transact on the account but cannot make any changes...
What is a POA?
SW X SD Y
What is the code for a transfer to another members account?
This is required before entering the building in the morning
What is the "all clear" signal?
This is a government regulated account specifically for retirement
What is an IRA?
This service has a cutoff time of 4pm
What is a wire transfer?
This person only has rights to the account once the account owners are deceased
What is a beneficiary?
PP
What is the code for a principal only payment?
The method we use to determine if a check must be placed on hold
What is the DAMPED method?
This is an account that earns higher dividends but the funds are NOT liquid and cannot be closed early without penalty
What is a CD?
A service we offer out members that automatically counts coins, making it easy to manage cash and organize coins efficiently.
What is the coin counter?
Every transaction must have a source and
What is destination?
What is the code for purchasing a money order?
This must be filed if there is a withdrawal or deposit of currency over $10k
What is a CTR?
You cannot make a principal only payment on this type of loan
What is a credit card?
This is the minimum amount a non-member can get for a cash advance
What is $50?
This regulates check holds....
What is Reg CC?
IQY
What is the code to see another members account info without having to leave the screen?
This used to report suspicious activity on an account
What is a SAR?
You cannot take a loan advance off of these types of loans
What is a closed-end loan?
You will need to use this if a joint owner has bonds that they want to redeem
What is the non-member bond redemption account?
What is not provide any information.